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We study labor-market returns to vocational versus general secondary education using a regression discontinuity design created by the centralized admissions process in Finland. Admission to the vocational track increases annual income by 7 percent at age 31, and the benefits show no signs of...
Persistent link: https://www.econbiz.de/10012037618
Income and earning inequality has been on the rise in most of the OECD and in many emerging economies since the 1980s. This paper estimates a model of earnings inequality across OECD countries that incorporates determinants of relative demand and supply of more and less-skilled labour. Drawing...
Persistent link: https://www.econbiz.de/10010465013
The digital divide in general, and between women and men in particular, is a manifestation of exclusion, poverty and inequality, and is likely to continue because of the effects of unemployment, poorly functioning digital skilling programmes and socio-cultural norms in some economies, and...
Persistent link: https://www.econbiz.de/10011724528
This paper studies the effects of the apprenticeship system on innovation and labor market polarization. A stylized …) from the firm's perspective, when training apprentices, technological innovation is costly since training becomes obsolete …
Persistent link: https://www.econbiz.de/10010358709
Digitalisation, automation and future technological changes are changing the world of work, affecting the skills needed to perform them. The future of jobs will not look like the present situation: increasingly, workers will have to adapt to fast technological change, accept more mobility during...
Persistent link: https://www.econbiz.de/10011732731
This paper analyses the relationship between wage inequality and labour market development. Relevant economic theories are ambiguous, just as public debates. We measure the effects of wage inequality, skill-biased and skill-neutral technology on hours worked, productivity and wages in a novel...
Persistent link: https://www.econbiz.de/10011598502
How much knowledge should leaders have of their organization's core business? This is an important question but not one … sufficient. Expert leaders are those with (1) inherent knowledge, acquired through technical expertise combined with high ability … performance through knowledge-based strategy, by acting as a standard bearer, by creating the right environment for core workers …
Persistent link: https://www.econbiz.de/10009539227
We investigate the causes and consequences of the aging of the scientific workforce. Using novel data on the population of US chemistry faculty members over fifty years, we find that the secular increase in the age of the academic workforce has been mainly driven by the slowdown in faculty...
Persistent link: https://www.econbiz.de/10014326208
One of the less well-understood channels through which technology affects labor market outcomes is the creation of new types of work. In this paper, we investigate the emergence of new occupations by comparing various classifications of occupations and predicting probabilities to access them...
Persistent link: https://www.econbiz.de/10012014312
Human resources are a key factor for firm success, particularly nowadays when most industrial economies face an increasing shortage of qualified labour. With their pooled labour markets, regional clusters have been shown to be a preferable location for firms in order to satisfy their demand for...
Persistent link: https://www.econbiz.de/10012200285